Ariel
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The reinsurer said the deals would enhance its abilities to provide innovative solutions for clients.
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Shah will be based out of Bermuda, where the firm has incorporated Kettle Re and is preparing to fundraise for a balance sheet carrier.
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Ariel Re hires its first cyber head as the Bermudian seeks a deeper role in the evolving sector.
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The business is being marketed by investment bank Morgan Stanley following last year's sale of Ariel Re.